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Altamira Gold Corp V.ALTA

Alternate Symbol(s):  EQTRF

Altamira Gold Corp. is focused on the exploration and development of gold and copper projects within western central Brazil. It holds six projects comprising approximately 100,000 hectares (ha), within the prolific Juruena gold belt. The Cajueiro Project is located in the Alta Floresta - Juruena Gold Belt, a Proterozoic arc consisting of calc-alkaline granite-volcanic, and medium to high grade metamorphic crustal segments. Its Santa Helena project is located approximately 60 kilometers (km) from a porphyry copper mineralization at the Jaca deposit by Anglo American. Its other projects include Colider, and Nova Canaa. The Colider property comprises approximately 4,216 ha and is located in Mato Grosso State, Brazil. The property exhibits the potential for the discovery of high-grade, shear zone hosted gold mineralization, which may support underground mining operations. The Nova Canaa comprises approximately 9,683 ha, and is located in Mato Grosso State, Brazil.


TSXV:ALTA - Post by User

Post by AndyMan2on Nov 08, 2023 9:01am
304 Views
Post# 35723224

Altamira Closes 6 Million Private Placement

Altamira Closes 6 Million Private PlacementAltamira Announces Closing of Upsized $6M Private Placement #CEOBriefBot - Altamira Gold Corp has closed its upsized non-brokered private placement, raising a total of $5,941,175. - The private placement consisted of 47,529,400 units priced at $0.125 per unit. - Each unit includes one common share of the company and one common share purchase warrant. - Aura Minerals Inc and Crescat Portfolio Management LLC have participated in the offering, with Aura Minerals becoming an insider of the Company. - Altamira intends to use the net proceeds of the offering for follow-up drilling at its Maria Bonita gold discovery and Santa Helena project, as well as for general working capital purposes. Full press release: (https://ceo.ca/@newsfile/altamira-announces-closing-of-upsized-6m-private-placement) CEOBrief_Bot summaries are AI-generated. We cannot guarantee their accuracy. Use at your own risk and always refer to the original sources. Report any errors here: # brief-bot-errors
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